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Earnings Per Share | 9 Months Ended
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Sep. 30, 2019
Earnings Per Share [Abstract] |
Earnings Per Share | EARNINGS PER SHARE Basic earnings per share of common stock is computed by dividing the net income attributable to The GEO Group, Inc. by the weighted average number of outstanding shares of common stock. The calculation of diluted earnings per share is similar to that of basic earnings per share except that the denominator includes dilutive common stock equivalents such as stock options and shares of restricted stock. Basic and diluted earnings per share were calculated for the three and nine months ended September 30, 2019 and 2018 as follows (in thousands, except per share data):
| Three Months Ended | Nine Months Ended
| September 30, 2019 |  | September 30, 2018 | September 30, 2019 |  | September 30, 2018
Net income | $ | 45,885 |  |  | $ | 39,229 |  | $ | 128,370 |  |  | $ | 111,474 |
Net loss attributable to noncontrolling interests | 47 |  |  | 60 |  | 181 |  |  | 223 |
Net income attributable to The GEO Group, Inc. | 45,932 |  |  | 39,289 |  | 128,551 |  |  | 111,697 |
Basic earnings per share attributable to The GEO Group, Inc.: |  |  |  |  |  |  |
Weighted average shares outstanding | 119,209 |  |  | 119,681 |  | 119,052 |  |  | 120,567 |
Per share amount | $ | 0.39 |  |  | $ | 0.33 |  | $ | 1.08 |  |  | $ | 0.93 |
Diluted earnings per share attributable to The GEO Group, Inc.: |  |  |  |  |  |
Weighted average shares outstanding | 119,209 |  |  | 119,681 |  | 119,052 |  |  | 120,567 |
Dilutive effect of equity incentive plans | 73 |  |  | 621 |  | 262 |  |  | 488 |
Weighted average shares assuming dilution | 119,282 |  |  | 120,302 |  | 119,314 |  |  | 121,055 |
Per share amount | $ | 0.39 |  |  | $ | 0.33 |  | $ | 1.08 |  |  | $ | 0.92 |
Three Months For the three months ended September 30, 2019, 1,522,227 weighted average shares of common stock underlying options were excluded from the computation of diluted earnings per share ("EPS") because the effect would be anti-dilutive. There were 1,801,015 common stock equivalents from restricted shares that were anti-dilutive. For the three months ended September 30, 2018, 613,224 weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. There were 477,941 common stock equivalents from restricted shares that were anti-dilutive. Nine Months For the nine months ended September 30, 2019, 1,497,922 weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. There were 1,479,719 common stock equivalents from restricted shares that were anti-dilutive. For the nine months ended September 30, 2018, 904,375 weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. There were 671,149 common stock equivalents from restricted shares that were anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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